WASHINGTON—The Federal Trade Commission proposed barring Meta Platforms from profiting off data it collects from young users, accusing the company of misleading parents and repeatedly violating a 2020 privacy order.
The FTC action Wednesday represents an unwelcome return to controversy for Meta and its major platforms, including Facebook and Instagram. The company agreed in 2019 to pay a $5 billion civil penalty following a previous FTC investigation into its privacy practices.
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